Zip 56057 (Le Center, MN) Economy


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Le Center, Minnesota is a small rural town located in the eastern part of the state. The population of Le Center is 56057, with most of its residents being employed in small businesses or as farmers. With an average 2 bedroom rent of $940 per month, it’s one of the more affordable cities to live in when compared to the US average rent of $1,430. The grocery cost index for Le Center is 97 versus 100 for the United States.
Le Center has several local businesses that help make up its economy such as C and L Farms which offers corn, soybeans, alfalfa hay and straw; K & S Accounting Services which helps clients with their bookkeeping needs; and Gorman Manufacturing Co Incorporated which manufactures metal parts for railroad cars. The town also has few churches and schools which are important establishments for community members.
Le Center is an excellent place to settle down as it has all the necessary amenities needed by residents such as grocery stores, banks, restaurants and health services. Its proximity to larger cities like St Paul and Minneapolis makes it easy access to entertainment venues and other attractions that are popular with tourists. All this makes Le Center an ideal spot for those who desire a peaceful yet modern lifestyle.

Le Center (zip 56057) has an unemployment rate of 6.8%. The US average is 6.0%.

Le Center (zip 56057) has seen the job market decrease by -3.4% over the last year. Future job growth over the next ten years is predicted to be 31.0%, which is lower than the US average of 33.5%.

Tax Rates for Le Center (zip 56057)
- The Sales Tax Rate for Le Center (zip 56057) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Le Center (zip 56057) is 7.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Le Center (zip 56057)
- The average income of a Le Center (zip 56057) resident is $35,180 a year. The US average is $37,638 a year.
- The Median household income of a Le Center (zip 56057) resident is $74,297 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLe Center, MinnesotaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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